205 Rowland AveCliftonNJ07012
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Clifton at 205 Rowland Ave, Clifton, NJ, 07012 priced at $950,000 converts $4,265/mo rent into after a $4,650/mo obligation. Total monthly income equals $4,265/mo. Return on cash invested prints 10.44% in year one, and rental yield reads 5.39% against a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation compiles into $262,467 by year five. Five-year ROI reaches 53.26% and total cumulative return in cash sums $166,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,265/mo property income covering a $4,650/mo payment, not borrower’s personal income.
Multi Family
Built in 1969
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07012, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,279 (100%) |
| Owner Occupied HU | 3,022 (57.2%) |
| Renter Occupied HU | 2,068 (39.2%) |
| Vacant Housing Units | 189 ( 3.6%) |
| Median Home Value | $512,430 |
| Average Home Value | $581,372 |
Housing Distribution
Address Breakdown
Residential
5,270
Single Family
4,865
Multi-Family
405
Businesses
573
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Listed by: N/A • N/A
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